Business

Mondelez declares 13 cents quarterly dividend

Posted May 22, 2013 9:28 am

PRNewswire

DEERFIELD — The board of directors of Mondelez International declared a regular quarterly dividend of 13 cents per share of Class A common stock, payable on July 15 to shareholders of record as of July 1.

Shareholders also elected 11 nominees named in the proxy statement to the board of directors; approved, on an advisory basis, the compensation of the company’s named executive officers as described in the 2013 proxy statement; and ratified the selection of PricewaterhouseCoopers LLP as the company’s independent auditors for 2013. Shareholders rejected two shareholder proposals. The company had previously announced the withdrawal of a third shareholder proposal.

Mondelez International is a global snacks spinoff of Kraft Foods, with 2012 revenue of $35 billion. Among Mondelez brands are Cadbury, Cadbury Dairy Milk and Milka chocolate, Jacobs coffee, LU, Nabisco and Oreo biscuits, Tang powdered beverages and Trident gum.

Article Comments

Article Categories
Business Communities Deerfield

Article Comments

Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.